Back to www.cobrasmarketview.com

   

02/10/2020 Live Update

02/10/2020 Live Update

Postby Cobra » Mon Feb 10, 2020 10:24 am

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

    Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
    Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
    Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
    I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
========================================================================================================================================================================

50% chances of double bottom or higher low or slightly lower low trend reversal.
Attachments
ES60min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 45122
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/10/2020 Live Update

Postby Cobra » Mon Feb 10, 2020 10:27 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 45122
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/10/2020 Live Update

Postby QED » Mon Feb 10, 2020 10:32 am

GlobeX Range = $31.00
High = 3,334.50
Low = 3,303.50
50% = 3,319.00
.
QED
 
Posts: 832
Joined: Wed Feb 11, 2015 2:04 pm

Re: 02/10/2020 Live Update

Postby Heck » Mon Feb 10, 2020 10:34 am

SP.1 Mar Futures BUYING Above 3,303.50

Two/Three ISE Indicators = UP UP

And away
Last edited by Heck on Mon Feb 10, 2020 11:33 am, edited 1 time in total.
Heck
 
Posts: 1089
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 02/10/2020 Live Update

Postby Trades with cats » Mon Feb 10, 2020 10:49 am

ES 03-20 (15 Minute) 2020_02_10 (7_45_01 AM).png

15 minute view says stuck in the middle again.
Trades with cats
 
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/10/2020 Live Update

Postby te_fern » Mon Feb 10, 2020 10:56 am

Pasta Boss brought up high yield last week. Looks like we have a support line that might change things if it's broken......
Attachments
HYG.PNG
te_fern
 
Posts: 3004
Joined: Tue Nov 24, 2015 3:35 pm

Re: 02/10/2020 Live Update

Postby te_fern » Mon Feb 10, 2020 10:59 am

ST trend line that needs to be broken. Trying to learn from BB52 about being consistent, i.e. not switching my view from long to short to long. That costs me money.... Short looking so far..
Attachments
SPX.PNG
te_fern
 
Posts: 3004
Joined: Tue Nov 24, 2015 3:35 pm

Re: 02/10/2020 Live Update

Postby te_fern » Mon Feb 10, 2020 11:03 am

Bulls are in control right now...
Attachments
SPX.PNG
te_fern
 
Posts: 3004
Joined: Tue Nov 24, 2015 3:35 pm

Re: 02/10/2020 Live Update

Postby Cobra » Mon Feb 10, 2020 11:04 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 45122
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/10/2020 Live Update

Postby Trades with cats » Mon Feb 10, 2020 11:13 am

Oh man it's Deja Vue all over again. Sunday night, Monday morning repeat move. First time stopped at that high volume node (former resistance/support level) waiting to see if the outcome is different the second time around. If it breaks out volume profile says tough sledding going much further up.
Trades with cats
 
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/10/2020 Live Update

Postby Trades with cats » Mon Feb 10, 2020 11:23 am

I have ES 37.50 for the measured move second leg. Volume profile/past action says ES 40. Poor price action is making those look like good calls right now. Need more cow bell from Fed Reserve NY operations desk.
Trades with cats
 
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/10/2020 Live Update

Postby Trades with cats » Mon Feb 10, 2020 11:33 am

ES 03-20 (15 Minute) 2020_02_10 (8_28_41 AM).png

Still thinking ES 3340. Added benefit of being a significant options strike as it has a zero next to the decimal point.
Trades with cats
 
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/10/2020 Live Update

Postby Heck » Mon Feb 10, 2020 11:36 am

$WTIC Target - 32 %
From 51.48 to 35
Heck
 
Posts: 1089
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 02/10/2020 Live Update

Postby Cobra » Mon Feb 10, 2020 11:41 am

Testing the previous high, maybe a pullback here first, which as long as not sharp then it'd be an uptrend day. Key time.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 45122
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/10/2020 Live Update

Postby Al_Dente » Mon Feb 10, 2020 11:51 am

Week Before Presidents’ Day [that's this week] Bullish since 1990
https://jeffhirsch.tumblr.com/post/1907 ... since-1990
User avatar
Al_Dente
 
Posts: 23342
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/10/2020 Live Update

Postby Al_Dente » Mon Feb 10, 2020 11:55 am

More divergences
210kdiverg.png.png
User avatar
Al_Dente
 
Posts: 23342
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/10/2020 Live Update

Postby Al_Dente » Mon Feb 10, 2020 12:07 pm

Dr. Copper:
The FT reports: "copper traders in China... have asked miners from Chile to Nigeria to cancel or delay shipments" due to a freefall in copper demand.
“It's not just copper that is seeing an implosion in demand: Chinese buyers of liquefied natural gas have also considered declaring force majeure, a clause that identifies natural disasters or other unavoidable catastrophes as cause for not fulfilling a contract.
https://www.zerohedge.com/economics/chi ... to+zero%29

OTHER SOURCES:  China on lockdown will result in a major negative impact on global trade.
The virus has given Powell free reign to cut rates and/or launch QE5. Markets have priced in precisely the likelihood that the Fed would step in and "fix" any stock selloff as a result of the world's global pandemic.

210COPPER.PNG.png
User avatar
Al_Dente
 
Posts: 23342
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/10/2020 Live Update

Postby Heck » Mon Feb 10, 2020 12:16 pm

CCL Target + 75 %
From 41.665 to 73
+ 4.76 % Dividend
Heck
 
Posts: 1089
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 02/10/2020 Live Update

Postby Heck » Mon Feb 10, 2020 12:20 pm

YTD Markets
Nasdaq-100: 8.39%
Gold: 3.67%
S&P 500: 3.59%
US Total Market 3.47%
US Dollar: 2.68%
Last edited by Heck on Mon Feb 10, 2020 12:23 pm, edited 1 time in total.
Heck
 
Posts: 1089
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 02/10/2020 Live Update

Postby Heck » Mon Feb 10, 2020 12:21 pm

YTD Sectors
Technology [9.3%]
Utilities [6.2%]
Housing [5.9%]
Last edited by Heck on Mon Feb 10, 2020 12:23 pm, edited 1 time in total.
Heck
 
Posts: 1089
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Next

Return to Traders Lounge

Who is online

Users browsing this forum: 1der, brokebybernacke2, Fieldydwb, Google Adsense [Bot], mbsquants, Vaamsy, ysc and 73 guests